Florida Approves Historic Budget, Extends Session
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Florida lawmakers reached a budget framework late Friday, requiring a session extension until June 6th. The agreed-upon budget, exceeding all previous state budgets, includes a record-breaking $2.8 billion in tax relief—$2.5 billion recurring and $1.6 billion as a recurring sales tax cut. Lawmakers will resume negotiations on May 12th after a two-week break. This marks the largest tax cut in Florida's history, and will make it the only state to permanently cut a sales tax.
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